# 214 Madison Avenue #1-4, Cape Canaveral, FL 32920 > **TL;DR:** 8bd/4ba multi-family, $995,000 ($278/sqft), built 1974, 3,582 sqft. > A/C. Est. $5,321/mo. Listed 109 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $995,000 | | Price/sqft | $278 | | Bedrooms | 8 | | Bathrooms | 4 full | | Square Feet | 3,582 | | Year Built | 1974 | | Lot Size | 13,068 sqft (0.30 acres) | | Stories | 1 | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 109 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,031 | | Estimated Insurance | $290 | | **Total** | **$5,321** | ## Nearby Schools - **Elementary:** Cape View - **Middle:** Cocoa Beach - **High:** Cocoa Beach ## Key Amenities - A/C ## Property Highlights - Built in 1974 - 0.30 acre lot - 10 parking spaces ## Description ### Agent Description Rare Cape Canaveral Quadplex with Immediate Income & Value-Add Potential! This exceptional four-unit investment property offers the perfect blend of stable cash flow and future upside in one of the Space Coast's strongest rental markets. Located just minutes from the Atlantic Ocean, Cocoa Beach, Port Canaveral, cruise terminals, Patrick Space Force Base, Kennedy Space Center, and the area's expanding aerospace corridor, this property benefits from year-round rental demand. Two units have been tastefully renovated with modern kitchens, updated bathrooms, luxury vinyl flooring, recessed LED lighting, butcher block countertops, stainless steel appliances, fresh paint, and contemporary finishes, creating attractive turnkey units for today's tenants. The remaining two occupied units provide the next owner the opportunity to renovate over time, increasing rents and maximizing returns without sacrificing current income. The property offers generous parking, private outdoor space, dedicated storage and laundry areas, low-maintenance construction, and an excellent unit mix for long-term tenancy. Whether you're an experienced investor looking to expand your portfolio, an out-of-state buyer seeking a quality Florida asset, or completing a 1031 exchange, this property offers both immediate revenue and long-term appreciation potential. With continued growth fueled by the Space Coast's booming aerospace industry, tourism, cruise expansion, and limited multifamily inventory near the beach, opportunities like this are increasingly difficult to find. Income today. Appreciation tomorrow. Opportunity for years to come. ## Location - **Address:** 214 Madison Avenue #1-4, Cape Canaveral, FL 32920 - **County:** Brevard - **Neighborhood:** Avon By The Sea - **Coordinates:** 28.389042, -80.603369 - **Google Maps:** https://www.google.com/maps?q=28.389042,-80.603369 ## Listing Agent - **Name:** Jared Doyle - **Brokerage:** ITG Realty LLC - **Broker Phone:** (321) 622-2701 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/214-Madison-Ave_Cape-Canaveral_FL_32920_M55600-10396?f=listhub&s=SCAORFL&m=1082533&c=propsimple) ## Photos ![214 Madison Avenue #1-4 - Photo 1](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f771712951r.jpg) ![214 Madison Avenue #1-4 - Photo 2](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2872359240r.jpg) ![214 Madison Avenue #1-4 - Photo 3](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3082399353r.jpg) ![214 Madison Avenue #1-4 - Photo 4](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1695850422r.jpg) ![214 Madison Avenue #1-4 - Photo 5](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f4005020011r.jpg) ![214 Madison Avenue #1-4 - Photo 6](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f79599490r.jpg) ![214 Madison Avenue #1-4 - Photo 7](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2256491573r.jpg) ![214 Madison Avenue #1-4 - Photo 8](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3795130483r.jpg) ![214 Madison Avenue #1-4 - Photo 9](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f4050284864r.jpg) ![214 Madison Avenue #1-4 - Photo 10](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3443463096r.jpg) ![214 Madison Avenue #1-4 - Photo 11](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f799324058r.jpg) ![214 Madison Avenue #1-4 - Photo 12](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2229295562r.jpg) ![214 Madison Avenue #1-4 - Photo 13](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3084483621r.jpg) ![214 Madison Avenue #1-4 - Photo 14](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1798088165r.jpg) ![214 Madison Avenue #1-4 - Photo 15](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f950210107r.jpg) ![214 Madison Avenue #1-4 - Photo 16](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2466701646r.jpg) ![214 Madison Avenue #1-4 - Photo 17](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2133759944r.jpg) ![214 Madison Avenue #1-4 - Photo 18](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3715913034r.jpg) ![214 Madison Avenue #1-4 - Photo 19](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f4223073788r.jpg) ![214 Madison Avenue #1-4 - Photo 20](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f934744935r.jpg) ![214 Madison Avenue #1-4 - Photo 21](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f476685559r.jpg) ![214 Madison Avenue #1-4 - Photo 22](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2236648004r.jpg) ![214 Madison Avenue #1-4 - Photo 23](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1353489004r.jpg) ![214 Madison Avenue #1-4 - Photo 24](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f920732528r.jpg) ![214 Madison Avenue #1-4 - Photo 25](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1895011011r.jpg) ![214 Madison Avenue #1-4 - Photo 26](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f498863310r.jpg) ![214 Madison Avenue #1-4 - Photo 27](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2232862023r.jpg) ![214 Madison Avenue #1-4 - Photo 28](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2000714404r.jpg) ![214 Madison Avenue #1-4 - Photo 29](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2800749638r.jpg) ![214 Madison Avenue #1-4 - Photo 30](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2497318768r.jpg) ![214 Madison Avenue #1-4 - Photo 31](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1732747492r.jpg) ![214 Madison Avenue #1-4 - Photo 32](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1759213509r.jpg) ![214 Madison Avenue #1-4 - Photo 33](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f212123001r.jpg) ![214 Madison Avenue #1-4 - Photo 34](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2525744236r.jpg) ![214 Madison Avenue #1-4 - Photo 35](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1975887083r.jpg) ![214 Madison Avenue #1-4 - Photo 36](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3923066893r.jpg) ![214 Madison Avenue #1-4 - Photo 37](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f568268357r.jpg) ![214 Madison Avenue #1-4 - Photo 38](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f735044110r.jpg) ![214 Madison Avenue #1-4 - Photo 39](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3694531721r.jpg) ![214 Madison Avenue #1-4 - Photo 40](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3856926790r.jpg) ![214 Madison Avenue #1-4 - Photo 41](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f4015926718r.jpg) ![214 Madison Avenue #1-4 - Photo 42](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3983072091r.jpg) ![214 Madison Avenue #1-4 - Photo 43](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f3156711206r.jpg) ![214 Madison Avenue #1-4 - Photo 44](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f244577291r.jpg) ![214 Madison Avenue #1-4 - Photo 45](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1382382784r.jpg) ![214 Madison Avenue #1-4 - Photo 46](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f899162433r.jpg) ![214 Madison Avenue #1-4 - Photo 47](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f2122117983r.jpg) ![214 Madison Avenue #1-4 - Photo 48](http://lh.rdcpix.com/ecebb36db7e6086d5fd041fb2a35f4c6l-f1149633792r.jpg) --- **MLS#:** 1082533 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/214-madison-avenue-cape-canaveral-fl-32920-3a015ee51d4b4ffcb02ef3f51afdbc4a) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/214-madison-avenue-cape-canaveral-fl-32920-3a015ee51d4b4ffcb02ef3f51afdbc4a#listing", "url": "https://staging.propertysimple.ai/listing/214-madison-avenue-cape-canaveral-fl-32920-3a015ee51d4b4ffcb02ef3f51afdbc4a", "name": "214 Madison Avenue #1-4, Cape Canaveral, FL 32920", "description": "Rare Cape Canaveral Quadplex with Immediate Income & Value-Add Potential! This exceptional four-unit investment property offers the perfect blend of stable cash flow and future upside in one of the Space Coast's strongest rental markets. Located just minutes from the Atlantic Ocean, Cocoa Beach, Port Canaveral, cruise terminals, Patrick Space Force Base, Kennedy Space Center, and the area's expanding aerospace corridor, this property benefits from year-round rental demand. Two units have been tastefully renovated with modern kitchens, updated bathrooms, luxury vinyl flooring, recessed LED lighting, butcher block countertops, stainless steel appliances, fresh paint, and contemporary finishes, creating attractive turnkey units for today's tenants. The remaining two occupied units provide the next owner the opportunity to renovate over time, increasing rents and maximizing returns without sacrificing current income. The property offers generous parking, private outdoor space, dedicated storage and laundry areas, low-maintenance construction, and an excellent unit mix for long-term tenancy. Whether you're an experienced investor looking to expand your portfolio, an out-of-state buyer seeking a quality Florida asset, or completing a 1031 exchange, this property offers both immediate revenue and long-term appreciation potential. With continued growth fueled by the Space Coast's booming aerospace industry, tourism, cruise expansion, and limited multifamily inventory near the beach, opportunities like this are increasingly difficult to find. Income today. Appreciation tomorrow. 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